date:Apr 23, 2013
Nestle SA, the world's largest food company by revenue, said on Monday that it will boost its investments in Chinas health food sector.
Nestle will bring more products which target Chinese kids, the senior, pregnant women and (products) for critical care, said Luis Cantarell, president and CEO of Nestle Health Science SA.
The Chinese health food market was worth 105 billion yuan ($16.87 billion) in 2011, with an annual increase of 11.4 percent since 2006, said the State Food and Drug Administr